6,865 Shares in Sezzle Inc. $SEZL Acquired by FNY Investment Advisers LLC

FNY Investment Advisers LLC purchased a new position in Sezzle Inc. (NASDAQ:SEZL) during the second quarter, according to the company in its most recent 13F filing with the SEC. The institutional investor purchased 6,865 shares of the company’s stock, valued at approximately $1,230,000.

A number of other institutional investors and hedge funds have also modified their holdings of the company. D.A. Davidson & CO. acquired a new stake in shares of Sezzle in the 2nd quarter worth approximately $217,000. VIRGINIA RETIREMENT SYSTEMS ET Al acquired a new stake in shares of Sezzle in the 2nd quarter worth approximately $430,000. New York State Teachers Retirement System acquired a new stake in shares of Sezzle in the 2nd quarter worth approximately $229,000. Hazlett Burt & Watson Inc. grew its holdings in shares of Sezzle by 190.1% in the 2nd quarter. Hazlett Burt & Watson Inc. now owns 557 shares of the company’s stock worth $100,000 after acquiring an additional 365 shares during the period. Finally, CWM LLC grew its holdings in Sezzle by 8.1% during the 2nd quarter. CWM LLC now owns 1,070 shares of the company’s stock valued at $192,000 after buying an additional 80 shares during the last quarter. Institutional investors and hedge funds own 2.02% of the company’s stock.

Insider Activity

In other Sezzle news, CFO Karen Hartje sold 5,484 shares of the company’s stock in a transaction dated Monday, October 6th. The shares were sold at an average price of $85.00, for a total transaction of $466,140.00. Following the sale, the chief financial officer directly owned 116,053 shares of the company’s stock, valued at approximately $9,864,505. This represents a 4.51% decrease in their ownership of the stock. The sale was disclosed in a filing with the Securities & Exchange Commission, which can be accessed through this link. Also, Director Paul Paradis sold 3,000 shares of the company’s stock in a transaction dated Tuesday, August 19th. The stock was sold at an average price of $91.62, for a total transaction of $274,860.00. Following the sale, the director directly owned 242,000 shares in the company, valued at $22,172,040. This represents a 1.22% decrease in their ownership of the stock. The disclosure for this sale can be found here. Insiders have sold 14,484 shares of company stock worth $1,447,200 over the last ninety days. Insiders own 49.49% of the company’s stock.

Sezzle Trading Down 0.6%

Shares of NASDAQ:SEZL opened at $75.19 on Wednesday. The stock has a market capitalization of $2.56 billion, a PE ratio of 25.76 and a beta of 8.70. The company has a current ratio of 3.51, a quick ratio of 3.51 and a debt-to-equity ratio of 1.00. Sezzle Inc. has a 1 year low of $24.86 and a 1 year high of $186.74. The firm has a fifty day moving average price of $86.48 and a 200 day moving average price of $100.88.

Sezzle (NASDAQ:SEZL) last announced its quarterly earnings data on Tuesday, November 19th. The company reported $0.21 EPS for the quarter. The business had revenue of $40.84 million during the quarter. Sezzle had a net margin of 28.13% and a return on equity of 102.90%. Analysts expect that Sezzle Inc. will post 9.77 EPS for the current fiscal year.

Analyst Upgrades and Downgrades

SEZL has been the topic of a number of recent analyst reports. Cowen initiated coverage on Sezzle in a research note on Thursday, September 11th. They set a “hold” rating on the stock. TD Cowen assumed coverage on Sezzle in a research report on Thursday, September 11th. They set a “hold” rating and a $82.00 target price on the stock. B. Riley lifted their price target on Sezzle from $101.00 to $111.00 and gave the stock a “buy” rating in a research note on Monday, August 11th. Oppenheimer lifted their target price on Sezzle from $168.00 to $202.00 and gave the company an “outperform” rating in a research note on Wednesday, July 2nd. Finally, Weiss Ratings reissued a “hold (c+)” rating on shares of Sezzle in a report on Wednesday, October 8th. Three research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and an average target price of $113.75.

Sezzle Profile

Sezzle Inc operates as a technology-enabled payments company primarily in the United States and Canada. The company provides payment solution in-store and at online retail stores; and through proprietary payments solution that connects consumers with merchants. It also offers Sezzle Platform that provides a payments solution for consumers that extends credit at the point-of-sale allowing consumers to purchase and receive the ordered merchandise at the time of sale while paying in installments over time; Pay-in-Four, which allows consumers to pay a fourth of the purchase price up front and then another fourth of the purchase price every two weeks thereafter over a total of six weeks; Pay-in-Full that allows consumers to pay for the full value of their order up-front through the Sezzle Platform without the extension of credit; and Pay-in-Two and other alternative installment options, which allow consumer to pay half of the value of their order up-front and the second half in two weeks.